Kraus-Anderson’s headquarters project in downtown Minneapolis is on hold indefinitely now that the construction and development company has withdrawn the project from consideration at the city’s Nov. 10 Planning Commission meeting.

The aging, vacant industrial building at 1401 Marshall St. NE in Minneapolis doesn’t have much curb appeal. But former pub owner and serial entrepreneur Kieran Folliard has big plans for a new business incubator in the small northeast Minneapolis building.

The Minneapolis Public Schools closed the book on the former Northrop School in south Minneapolis in 2005. The vintage school is still standing vacant, but now there are two competing offers for the site.